3800 NE Miami Ct

Miami, FL

Location: Miami
Neighborhood: Design District
Status: Realized
Acquisition Date: January 2015
Date Sold: January 2021
Asset Type: Urban Street
Tenant(s): None
Gross Square Footage: 20,000
3800 NE Miami Court was acquired in 2015 in partnership with the Arizona State Retirement System.  The building was built in 2011, leased to Poltrona Frau, and very well located in Miami’s Design District right off of Interstate 95.  At acquisition, the Design District was undergoing its second phase of construction, allowing for tremendous growth potential for the surrounding submarket.  As the submarket matured and luxury co-tenancy arrived, L3 marketed the building as a premier flagship opportunity to a variety of home décor, retail, and entertainment users.

Property Highlights

  • Multi-Story Flagship
  • I-95 Highway Visibility
  • Easy Highway Access
  • Luxury Retail Co-Tenancy
  • 7 Exclusive Parking Spots
  • Private Rooftop Terrace
  • Unique Architectural Design
  • Floor-to-Ceiling Windows

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